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I, Airplane

Posted By Don Boudreaux On October 10, 2013 @ 9:09 am In Complexity & Emergence,Seen and Unseen,Trade | Comments Disabled

boeing 787 dreamliner

(HT my dear friend Fred Dent)

The above nearly speaks for itself [1].  Many U.S. imports are indeed inputs used to make manufactured goods in the U.S. And, of course, each of these parts is itself the result of creative minds and parts and raw materials from all around the world.  As Cato’s Dan Ikenson would say, Boeing jetliners are “Made on Earth [2].”

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[1] The above nearly speaks for itself: http://www.businessinsider.com/boeing-787-dreamliner-structure-suppliers-2013-10?utm

[2] Made on Earth: http://www.cato.org/publications/trade-policy-analysis/made-earth-how-global-economic-integration-renders-trade-policy-obsolete

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